Communications
January 17, 2022
Glen Eagle Resources, January 17, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to report that the private placement closed on December 29, 2021, was mostly purchased by three shareholders with international exposure to the mining industry. These shareholders own a combined 14 million shares and have taken an active role in assisting the Company in shipping, credit facilities, spare parts logistics and on time delivery. With their added participation, approximately 65 million shares or 50% of all outstanding shares are controlled by a small group of investors dedicated to support Glen Eagle’s goals.
January 25, 2022
Glen Eagle”) (TSXV:GER) announces a Joint Venture with Indexta SA, the largest concession owner in Honduras with a portfolio exceeding 50 mining concessions including land ownership encompassing the vast majority of its concessions.
February 10, 2022
Montreal, Quebec, Canada – February 10, 2022 – Glen Eagle Resources Inc. (“Glen Eagle”) (TSXV:GER) announces an increase in production capacity from 100 to 150 tons per day by adding a third shift at Cobra Oro gold processing plant in Honduras; a wholly owned subsidiary of the Company.
February 23, 2022
Glen Eagle Resources, February 23, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announced in a news release dated June 15, 2021 that it was partnering with Cycladex to test an environmentally friendly technology that could better serve our mining suppliers by addressing a broader spectrum of mining needs, accelerating our leach time and improving recovery without affecting Cobra’s current operations.
March 8, 2022
Glen Eagle Resources, March 8, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) has posted on its website a video showing the government’s position with regards to the mining industry in Honduras. The declaration states “that the companies operating with legal mining permits will continue their operations as usual but those that are not compliant should be very concerned.”
March 29, 2022
Glen Eagle Resources, March 29, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announces that due to a renewed interest in phosphate as a key global commodity, which Bloomberg News has recently described as one of the best growth sectors of the economy for the next ten years; the Company has decided to bring added value once again to its wholly owned Moose Lake phosphate project, located just north of Chicoutimi, Quebec.
June 20, 2022
Montreal, Quebec, CANADA – June 20, 2022 – Glen Eagle Resources Inc. (the “Corporation”) (TSXV: GER) is pleased to announce that it has entered into an option agreement (the “Agreement”) with an unlisted reporting issuer (the “Optionee”), which provides the Optionee the right to acquire (the “Option”) a 100% interest in the Moose Lake Property (the “Property”) located in the Province of Quebec. The Property is subject to a 1% NSR interest to an arm’s length third party. The NSR can be bought back for a consideration of $1,000,000.
August 10, 2022
Montreal, Quebec, CANADA – August 10, 2022 – Glen Eagle Resources Inc. (the “Corporation”) (TSXV: GER) announced on June 20, 2022 that it had entered into an option agreement with an unlisted reporting issuer (referred to as the “Optionee”) to acquire a 100% interest in the Moose Lake phosphate project located in the Province of Quebec. The Optionee’s name was not mentioned at the time. Glen Eagle can now confirm that the Optionee is First Phosphate Corp, a non-listed but compliant reporting issuer which is planning to go public in the near future.
August 30, 2022
Montreal, Quebec, CANADA – August 30, 2022 – Glen Eagle Resources Inc. (the “Corporation”) (TSXV: GER) announces that a second tranche of $500,000 dollars has been paid to Glen Eagle by First Phosphate Corp two months ahead of time following the Closing of its oversubscribed private placement completed at a price of $0.25 cents for gross proceeds of $1,758,750.